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24lbriscoe
07.01.2020 •
Mathematics
Laker company reported the following january purchases and sales data for its only product. date activities units acquired at cost units sold at retail jan. 1 beginning inventory 140 units @ $ 6.00
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Ответ:
Complete Question,
Q) Laker Company reported the following January purchases and sales data for its only product. Date Activities Units Acquired at Cost Units sold at Retail Jan. 1 Beginning inventory 140 units @ $ 6.00 = $ 840 Jan. 10 Sales 100 units @ $ 15 Jan. 20 Purchase 60 units @ $ 5.00 = 300 Jan. 25 Sales 80 units @ $ 15 Jan. 30 Purchase 180 units @ $ 4.50 = 810 Totals 380 units $ 1,950 180 units Required: The Company uses a periodic inventory system. For specific identification, ending inventory consists of 200 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory. Determine the cost assigned to ending inventory and to cost of goods sold using
(a) specific identification
(b) weighted average
(c) FIFO
(d) LIFO
Specific Identification Method:-
Ending Inventory = $925.
Costs of goods Sold = $1025.
Weighted Average Method:-
Ending Inventory = $1026.
Costs of goods Sold = $924
FIFO Method:-
Ending Inventory = $910.
Costs of goods Sold = $1040
LIFO Method:-
Ending Inventory = $1140.
Costs of goods Sold = $=810
Step-by-step explanation:(a) Specific identification method:
Ending inventory:
180 units * $4.50 = $810
5 units * $5 = $25
15 units * $6 = $90
200 units * 0 = 0
$810 + $25 + $90 + 0= $925
Cost of goods sold:
125 units * $6 = $750
55 units * $5 = $275
180 units * 0 = 0
$750 + $275 + 0 = $1025
(b) Weighted average method:
Weighted average rate/unit = $1950 / 380 units = $5.131579
Cost of goods sold:
180 units * $5.131579 = $924
Ending inventory:
200 units * $5.131579 = $1026.
(c) FIFO
Cost of goods sold:
140 units * $6 = $840
40 units * $5 = $200
180 units * 0 = 0
$840 + $200 + 0 = $1040
Ending inventory:
20 units * $5 = $100
180 units * $4.50 = $810
200 units * 0 = 0
$100 + $810 + 0 = $910
(d) LIFO
Cost of goods sold:
180 units * $4.5 = $810
180 units * $0 = 0
$810
Ending inventory:
140 units * $6 = $840
60 units * $5 = $300
200 units * $0 = $0
$840 + $300 = $1140
Ответ:
Therefore the missing length is AC = 24.46 units
Step-by-step explanation:
Consider a Δ ABC with
∠ B = 43°
AB = c = 18
BC = a = 8
To Find:
AC = c = ?
Solution:
We know in a Triangle Cosine Rule Says that,
Substituting the given values in above formula we get
Therefore the missing length is AC = 24.46 units